Discounts: Technology Startups, Business Support, Entrepreneurs India

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(Revised: 20 September 2021)

The following discounts are applicable to all of Venture Center's services. Note that, unless specified otherwise in the terms of the service, only one of the following discount can be availed of.

Category	Discount (%)
Start-ups with substantial ^# NCL related participation (know-how, staff, students, alumni)	1) 30% * 2)100% Discount on NIP Brand on address service.
Start-ups with substantial ^# VC related participation (alumni)	1) 30% * 2)100% Discount on NIP Brand on address service.
Start-ups based on technology licensed from GoI funded scientific & academic institutes	25% ^*
Organizations registered as not-for-profit companies in India	25% ^*
Social Enterprises	25% ^*
Academic/ research institute	25% ^*
Incubatees of Venture Center's Lab2Mkt program	1) 50% ^¢ (fixed discount of 30%+ 20% special Lab2Mkt discount on the infrastructural support services - dedicated Labs, dedicated offices & hot desks) 2)30% on services other than Infra services 3)100% Discount on NIP Brand on address service.
Start-ups under Venture Center's POC Projects ^**	1) 30% ^* 2)100% Discount on NIP Brand on address service.
Events held at Venture Center that are co-sponsored by Venture Center	http://venturecenter.co.in/pdfs/Joint_Events_Policy.pdf
Members of Venture Center Incubatee Partnership Scheme ( VIPS)	Additional 20% on infrastructural services http://venturecenter.co.in/vips.php
Companies/entrepreneurs qualifying as BioEnterprise Fellows	Staged discounting BioEnterprise Fellowship
Start Up India Lab Discount Program: Analytical Services for Resident Incubatees	50% Fact sheet and Pricing
Skill India Lab Discount Program: Analytical Services for students from Research/ Academic Organizations	50% Fact sheet and Pricing

#: At least 10% equity holding by the NCL staff, students, alumni in the start-up. Start-ups need to submit audited share holding certificate to avail the discount.

*: Discounts can be availed on all applicable services except Address service.

**: The discount for POC projects will commence from the day of signing the share subscription agreement with Venture Center.

¢: The special Lab2Mkt discount of 20% is capped at Rs 20,000/-(max).

All discounts (listed in this page or in factsheets of services) applicable to NCL alumni and staff will also apply to VC alumni and staff (added on 30 Jan 2012).

To apply for any discount, please submit the relevant proof along with the application form. Venture Center's decision on the applicability of discounts (if any) shall be final.

Cross-discounts:

Residents	For residents of Dedicated Lab space	For residents of Dedicated, full service office space	For residents of Hot Desking service
VC Services	For residents of Dedicated Lab space	For residents of Dedicated, full service office space	For residents of Hot Desking service
Meeting Room	20%	15%	10%
Board Room	20%	15%	10%
Training Room	20%	15%	10%
E-class Room	20%	15%	10%
NIP Brand Fee on Address Service	100%	100%	100%
Hot Desks	20% (applicable on lab spaces ≥300 sq ft area)	15% (applicable on office occupancy of 10 seats and above)	Not Applicable
Dedicated, full service office space of 5 seats and above	20% (applicable on lab spaces ≥500 sq ft area)	Not Applicable	Not Applicable
Hot Labs/ Protoshop/ Analytical Services	20% (all lab residents)	10% (Residents of hot desks & office space occupying up to 4 seats) 15% (Residents of hot desks & office space occupying 5 seats & above)
IPFACE Services	30% Refer term sheet	30% Refer term sheet	30% Refer term sheet
RIFC Services	30% Refer term sheet	30% Refer term sheet	30% Refer term sheet

Note: Only one discount may be availed at a time.

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